Tighter global financial conditions could lower Asia’s output by 0.75%, an International Monetary Fund report finds, though the broader outlook for the region is positive.
The report, published on October 11, says signs of increasing pressure on inflation in the US could lead the Federal Reserve and other advanced-economy central banks to tighten rates at a faster pace than market prices imply.
The IMF also raises the point that a “deterioration of risk appetite, rising trade tensions and poli
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